Starting the Conversion of Government Vehicles to Natural Gas and Developing a Plan to Double Vehicle Conversions.
Dr. Mostafa Madbouly, Prime Minister, emphasized the government’s commitment to expanding the initiative to convert vehicles to natural gas during a meeting with Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, and Mr. Ahmed Kouchouk,Minister of Finance. He announced the commencement of converting government vehicles to natural gas, as part of a plan aimed at providing cost-effective fuel while reducing environmental and financial burdens on the state and consumers.
The meeting was attended by,Eng.Yassin Mohamed, EGAS Executive managing Director of the Egyptian Natural Gas Holding Company (EGAS) ,Mr. Essam Omar, Deputy Governor of the Central Bank Eng. Mahmoud Nagy, Head of the Central Administration for Transportation and Marketing at the Ministry of Petroleum and Mineral Resources ,Eng. Moataz Atef, Head of the Central Administration of the Technical Office of the Minister of Petroleum and Mineral Resources ,Mr. Khaled Osman, Assistant Minister of Petroleum for Domestic Trade, Eng. Mohamed Khedr, Vice Chairman of EGAS, Mr. Khaled Nofal, Assistant Minister of Finance for Administrative and Technical Development
During the meeting, the Prime Minister directed the development of a plan to double the number of vehicles converted from gasoline to natural gas, from 122,000 vehicles to 250,000 vehicles. He stressed the importance of providing incentives to encourage citizens to participate in the initiative.
The Minister of Petroleum reviewed the expected annual economic return from the initiative, highlighting the critical role of the transportation sector in the compressed natural gas (CNG) market. He noted that government initiatives are instrumental in promoting the use of CNG in public transport fleets and commercial activities.
Eng. Mohamed Khdair, Vice Chairman of EGAS, reported that the total number of converted vehicles has reached 562,000, while the total number of fueling stations stands at 805, with a utilization rate of 60%.
These efforts are part of the state’s strategy to transition to clean energy and maximize the utilization of natural gas resources across various sectors.